Future Administration of the Civil Service Pension Scheme and the Royal Mail Statutory Pension Scheme
Crown Commercial Service · United Kingdom
Key facts
- Estimated value
- £310,000,000
- Closing date
- 17 Mar 2022
- Contract starts
- 19 Oct 2025
- Contract ends
- 21 Oct 2030
- Procedure
- Competitive procedure with negotiation (above threshold)
- Buyer type
- Central government
Description
The procurement will comprise 2 lots, each of which will be awarded as a separate contract. Details of the lots are as follows:
Lot 1:Procurement for the provision of pension administration for the Civil Service Pension Scheme ("CSPS") The CSPS Pension Scheme is managed by the Authority. The current contract expires on 31/12/2023. The CSPS is the 3rd largest UK occupational pension scheme with approximately 1.6 million members and 300+ employers. The Authority aims to transform the administration of the CSPS, aspiring to become the UK's best administered and managed public-sector pension scheme. We are seeking a supplier who shares our vision, and will work in partnership to deliver a service that puts member experience at its heart, whilst also transforming the service for both members and employers. Suppliers must demonstrate a commitment to and track record for delivering incremental and continuous improvement.
The Authority is therefore looking for proposals to respond to this significant pension administration services opportunity. This Lot is solely for the administration services of the CSPS and associated schemes as referred to in para II.2.4 below. The successful bidder will be expected to work with the Authority in its role as scheme manager, as well as with all current and potential employers (of whom there are currently around 350) covered by the scheme. Website: www.civilservicepensionscheme.org.uk
Lot 2 Procurement for the provision of pension administration for the Royal Mail Statutory Pensions Scheme ("RMSPS") The RMSPS Pension Scheme is managed by the Authority. The current contract expires on 31/09/2024. The authority wants to ensure the members get the excellent service that they rightly expect. Above all we want to ensure that the right people get the right benefits at the right time and at the right cost to the taxpayer.
This procurement is solely for the pension administration services to the RMSPS. The successful pension administrator will be expected to work with Royal Mail Pension Plan's ("RMPP") pension administrator, Royal Mail Group Limited ("RMG"), with regard to those members who are beneficiaries in both RMSPS and RMPP. RMSPS is currently the 6th largest public sector pension scheme in the United Kingdom, with approximately 365,000 members. The scheme has no active members so there are no accruing costs or contributions. Website: www.royalmailsps.co.uk
Categories (CPV)
Similar open tenders
Digital Marketplace
Location: Yorkshire and the HumberBuyer: Yorkshire Purchasing Organisation
Open tenderCloses 11 Nov, 20266 daysValue £800.00mSource Find a TenderYPO are looking for a Provider to be appointed onto a Framework Agreement for the provision of a Digital Marketplace. The Framework is designed to meet the needs of all public sector organisations which includes YPO’s internal requirements. This Framework is designed to meet the needs of YPO and Other Contracting Autho
Fair Value & Expected Credit Loss
Location: West MidlandsBuyer: Warwickshire County Council
Open tenderCloses 27 Nov, 202622 daysValue £160.00kSource Find a TenderWarwickshire County Council (the Council) is seeking a single provider to produce annual reports detailing the fair value and expected credit loss of relevant non-treasury investments. Where deemed material, these valuations will be included in the Council's Annual Statement of Accounts. The maximum contract value ove
The Provision of Work Planning Software Application [642]
Location: IrelandBuyer: Commission for Regulation of Utilities
Open tenderCloses 30 Nov, 202625 daysValue €210.00KSource TEDThe CRU prepares a Strategic Plan on a three-year cycle and develops annual Work Plans to support delivery of its priorities, objectives and outcomes. Progress is monitored quarterly through Work Plan review reports and monthly through Focus Area Reports for selected highpriority programmes, projects and organisational
Insurance brokerage and associated services III
Location: Yorkshire and the HumberBuyer: Yorkshire Purchasing Organisation
Open tenderCloses 14 Dec, 202639 daysValue £10.00mSource Find a TenderYPO as the lead authority, together with collaborating authorities ESPO and NEPO, are seeking to establish a compliant route to market for the provision of insurance brokerage and associated services, for use across the whole public sector. YPO is managing this procurement process in accordance with the Procurement Act
York College - Provision of EV Cars Salary Sacrifice Scheme
Location: Yorkshire and the HumberBuyer: York College
Open tenderCloses 27 Nov, 202622 daysValue £4.00mSource Find a TenderYork College wishes to appoint a single supplier to deliver a fully managed Electric Vehicle (EV) Salary Sacrifice Scheme for eligible employees. The College's objectives are to: • Support net zero and sustainability commitments. • Enhance employee benefits, wellbeing, recruitment and retention. • Provide employees wit
LEGO299 End-to-End Reporting, Budgeting, Forecasting and Financial Reporting Solution
Location: West MidlandsBuyer: The Office for Legal Complaints
Open tenderCloses 30 Nov, 202625 daysValue £100.00kSource Find a TenderA fit-for-purpose budgeting, forecasting and financial reporting solution that automates LeO's existing Finance processes, integrates with relevant source systems and can be operated by Finance following implementation.